The Zacks Consensus Estimate for the company's sales for 2024 and 2025 reflects year-over-year growth of 0.4% and 0.6%, respectively. Fortis, which has a history of 50 years of consecutive dividend payment increase, has pledged to grow dividends annually in the range of 4-6%, on average, through 2028. The company has a dividend yield of 4.38%, much better than the industry's yield of 3.72%. Amid still high interest rates, the ability of a company to meet its interest obligation can be measured through its t ...

ST. JOHN'S, Newfoundland and Labrador, July 02, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (TSX/NYSE: FTS) will release its second quarter 2024 financial results on Wednesday, July 31, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's second quarter financial results. Investor Enquiries: Ms. S ...

Coca-Cola is not a flashy company, In fact, it's too boring for many investors. One notable exception to that line of thinking is Warren Buffett who makes KO stock one of his core holdings. The reason is consistent performance which leads to cash that can be returned to shareholders. And the company is showing investors that it can relate to today's consumers both in terms of new product lines and methods of communication. On the date of publication, Chris Markoch did not have (either directly or indirectly ...

Not for distribution to United States Newswire Services or for dissemination in the United States TORONTO, June 17, 2024 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) ("Sparton" or the "Company") is pleased to announce non-brokered private placements (the "Offering") for gross proceeds of up to C$500,000. Up to 10,000,000 Flow-Through Shares ("FTS") of the Company (each, a "FTS") will be offered at a price of C$0.05 per FTS for proceeds of up to C$500,000. Each FTS will consist of one common share o ...

P l 1 I PM Images Note: All amounts discussed are in CAD. All prices discussed prefer to stocks traded on the TSX in CAD. Investors have typically favored Fortis Inc (NYSE:FTS)(TSX:FTS:CA) relative to its utility peers like Canadian Utilities (CU:CA) and Emera Inc (EMA:CA). This is in no small part due to its disciplined spending and stellar execution. Its diversified set of quality assets also helps. And there is that 50 year history, which makes the income investors weak at the knees. Fortis Website But f ...

ST. JOHN'S, Newfoundland and Labrador, May 02, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) announced the voting results from its Annual and Special Meeting of Shareholders held today. Shareholders voted in favour of all items of business before the meeting, including electing the nominated directors, appointing Deloitte LLP as the Corporation's auditors, approving the non-binding advisory vote regarding the Corporation's approach to executive compensation, and approving t ...

财务数据和关键指标变化 - 第一季度的报告和调整后每股收益均为0.93加元 [25] - 每股收益同比增加0.02加元,主要驱动因素包括公司集团内各公司的资产基础增长,以及FortisBC新的成本资本参数的时间性影响 [25][26][27] - 资产基础增长被较高的公司成本和加权平均股数增加所抵消 [26] - 2023年11月出售Acron Creek资产对本季度每股收益产生0.03加元的负面影响,但全年影响将为中性 [26] 各条业务线数据和关键指标变化 - 西部加拿大公用事业贡献每股收益增加0.06加元,其中0.04加元来自FortisBC新的成本资本参数的时间性影响,以及FortisAlberta的资产基础增长和允许ROE上升 [27] - 最大子公司ITC每股收益增加0.02加元,主要由于资产基础增长 [27] - 美国电力和天然气公用事业每股收益增加0.01加元,主要由于资产基础增长和Central Hudson的运营成本时间性影响 [28] - 亚利桑那州公用事业每股收益基本持平,新客户费率的有利影响被较高折旧和运营成本以及较温和天气导致的零售收入下降所抵消 [29] 各个市场数据和关键指标变化 - 美国中西部地区出现数据中心建设需求,如谷歌在艾奥瓦州Cedar Rapids计划建设数据中心 [20] - 密歇根州和亚利桑那州也出现制造业和数据中心的增长需求 [20] - 亚利桑那州南32公司正在建设锌锰矿Hermosa,预计将成为UNS最大客户之一 [21] 公司战略和发展方向及行业竞争 - 公司5年250亿加元的资本投资计划正在按计划执行,几乎全部为受监管的投资,包括提升可再生能源接入、亚利桑那州的可再生发电和储能投资,以及英属哥伦比亚省的清洁燃料解决方案 [13] - 资产基础预计将在2028年增加至490亿加元,支持6.3%的年均资产基础增长 [14] - 公司正在推进MISO输电计划二期的投资机会,预计总投资在170亿至230亿美元之间,但目前还无法估算ITC所占份额 [15][16] - 亚利桑那州正在推进2023年综合资源规划,预计将带来25亿至50亿美元的增量投资 [17] - 英属哥伦比亚省监管机构批准了FortisBC的可再生天然气和长期天然气资源规划,支持实现该省温室气体减排目标 [18][19] 管理层对经营环境和未来前景的评论 - 公司在气候风险管理方面采取了积极主动的措施,发布了2024年气候报告,识别并缓解气候相关风险 [12][22] - 公司保持50年连续增加股息的良好记录,并维持4%-6%的年度股息增长指引 [23] - 公司对5年资本投资计划和长期增长前景保持信心 [9][13][14][38][39] 问答环节重要的提问和回答 问题1 **Maurice Choy 提问** 询问公司如何应对不同管辖区的野火风险,以及与监管机构的互动情况 [42][43][44][45][46][47][48][49][50] **Jocelyn Perry 和 David Hutchens 回答** - 公司正在与标普等评级机构就物理资产风险进行沟通,分享缓解措施和与监管机构的互动情况 [43][44][45][46][47][48][49][50] - 不同管辖区的法律责任和监管框架存在差异,加拿大地区的风险相对较低 [48][49][50] - 公司正在采取最佳实践,加强与监管机构的沟通,确保妥善管理这一风险 [49][50] 问题2 **Rob Hope 提问** 询问公司在推进输电投资方面面临的挑战,以及未来的解决之道 [58][59][60][61][62] **David Hutchens 回答** - 联邦政府出台的《财政责任法案》有助于简化和加快输电项目的许可,但仍需要进一步的立法解决法律挑战带来的延误问题 [59][60][61] - 公司正密切关注相关政策和监管动态,并积极与监管机构沟通,以推进输电投资 [59][60][61][62] 问题3 **Linda Ezergailis 提问** 询问公司在亚伯塔省PBR-3审议过程中的应对措施,以及资本开支面临的通胀压力 [74][75][76][77][78][79] **David Hutchens 和 Janine Sullivan 回答** - 公司对PBR-3中使用历史资本开支作为未来基准的做法提出了上诉,希望确保未来资本开支基准的合理性 [74][75][76] - 公司将继续执行2024年的资本计划,同时利用计划中的灵活性来应对资本开支短缺 [77][78][79] - 公司将寻求特定项目的单独审批,以应对监管滞后的影响 [77][78]

Q1 2024 EARNINGS CONFERENCE CALL FØRTIS… Fortis includes forward-looking information in this presentation within the meaning of applicable Canadian securities laws and forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (collectively referred to as "forward-looking information"). Forward-looking information reflects expectations of Fortis management regarding future growth, results of operations, performance and business prospects and opportunities. Wherever ...

Fortis (FTS) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.15%. A quarter ago, it was expected that this electric and gas utility would post earnings of $0.53 per share when it actually produced earnings of $0.53, delivering no surprise.Over the last four quarters, the company has ...

ST. JOHN'S, Newfoundland and Labrador, April 24, 2024 (GLOBE NEWSWIRE) -- Fortis Inc. ("Fortis" or the "Corporation") (NYSE:FTS) will release its first quarter 2024 financial results on Wednesday, May 1, 2024. A teleconference and webcast will be held the same day at 8:30 a.m. (Eastern). David Hutchens, President and Chief Executive Officer and Jocelyn Perry, Executive Vice President and Chief Financial Officer will discuss the Corporation's first quarter financial results. Shareholders, analysts, members o ...